The Latest News

Chosen Healthcare Acquires Two Texas Facilities with Oxford Finance Loan

GEORGETOWN and PFLUGERVILLE, Texas — Oxford Finance LLC, a specialty finance firm, has closed a senior secured term loan and a revolving line of credit with Chosen Healthcare.

The funds were used to purchase two long-term care facilities in the Austin metropolitan area, Park Place Care Center and Assisted Living in Georgetown and Pflugerville Care Center in Pflugerville.

Park Place is a 116-bed skilled nursing facility and a 48-bed assisted living facility. built in 1997 on nearly seven acres. Pflugerville Care Center is an 111-bed skilled nursing facility built in 1991 on 3.2 acres.

Brookdale COO Richard Steps Down, CFO/President Ohlendorf Changes Role

BRENTWOOD, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has announced that Mark Ohlendorf, the company's president and chief financial officer, will transition from his current dual roles to focus fully on his role as president. The company also announced that Gregory Richard, the company's chief operating officer, will step down effective Sept. 30.

Tagged under

Erickson Starts Construction on North Carolina CCRC

MATTHEWS, N.C. — Erickson Living, a developer and manager of continuing care retirement communities (CCRCs), has started construction on the sales center at Windsor Run CCRC in Matthews. The building is the first to be constructed for the CCRC currently under development, and is expected to open in late 2015. 

Tagged under
Subscribe to this RSS feed

More News